Woodward Inc.

Industries Capital Goods
Subsidiaries https://www.sec.gov/Archives/edgar/data/108312/000010831213000018/wwd-20130930ex211335e66.htm, Baker Electrical Products, Techni-Core, Inc, MPC Export Corporation, MPC Products Corporation dba Woodward MPC, Inc., Woodward FST, Inc.
Activism

The biggest 1000 U.S. companies by revenue according to form 10-K.

The biggest 3000 companies in the U.S. in the year of 2025.

Rating Overview

Risk Rating: Lower

Woodward Inc. is Lower Risk.

Woodward Inc. does not yield to political activism in shaping corporate governance, preventing initiatives that potentially alienate consumers, divide employees, and harm shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Woodward does not embrace corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach protects free exercise, free speech, and free enterprise.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria Risk Level
Cancellations Lower Risk
Discriminatory Philanthropy Lower Risk
Employment Protection Medium Risk

Corporate Weaponization

Corporate Governance and Public Policy Risk Levels
Criteria Risk Level
Advocacy Bias Lower Risk
Funding Lower Risk
Political Actions Lower Risk

Corporate Governance and Public Policy

Rating Criteria Detail

Criteria Risk Level Rationale

Corporate Weaponization


Criteria:

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level:

Lower

Rationale:

Woodward, Inc. has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria:

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level:

Lower

Rationale:

Woodward Inc. does not appear to discriminate against charitable organizations based on views or beliefs. According to the company, “the Board of Trustees solicits recommendations from committees established at each Woodward location in the U.S. and then makes disbursement decisions based on local needs and priorities” (1).

Criteria:

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level:

Medium

Rationale:

Woodward Inc. does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy


Criteria:

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Woodward has not supported ideological causes or policies (1).

Criteria:

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level:

Lower

Rationale:

Woodward has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria:

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level:

Lower

Rationale:

Woodward has not used its PAC donations for ideological purposes and does not engage in lobbying at this time (1)(2)(3).